ࡱ> 8:9( / 0LDTimes New Roman(0(z[ 0 @ .  @n?" dd@  @@`` PHl[ +     0AA @ g4BdBd@z[ 0ppp@ uʚ;2Nʚ;<4!d!dl|- 0X<4ddddl|- 0Xr0___PPT10 pp2___PPT9/ 0? % 6Public Private Partnership Investment and Construction Armando R. Araujo Cairo 2003   Country RisksPolitical Risks (political situation / fiscal regime / expropriation / cancellation) Commercial Risks (economic situation / inflation / exchange rate) Legal Risks (proprietary legislation / environmental legislation / sustainability of laws / appeals / justice)v F 2d   Project RisksConstruction Risks Design ==> output, efficiency Cost of Construction (geology, quantities) Completion Delays No completion Bad performance by ContractorB   Project Risks (Cont)Operational Risks Other investments not materializing technical risks (performance) demand risks (market for services) supply risks (consumables input) force majeureB  Project Risks (Cont)Financial Risks inflation arrears or non-payment of services exchange rate (devaluation and availability) Environmental Risks licenses penalties new rules (public opposition)Z1 Z 1 Turn-Key ContractsRisks (division) Design (responsibility / transfer ownership of technology) Supervision of Works (partial receptions) Payment Schedule (this is one of the most difficult issues ==> not only economic issue but risk)Pre-QualificationBase ==> Standard Document for Works Important Agents as Part of Applicant Balance Risks x Restricted Competition Experience of Sub-contractors Requirements for Concessionaire Company Project Information Memorandum Advance Criteria for AwardBidding Document for Turn-KeyDesign Responsibility Supervision of Works Price Schedules Avoid Up-front Loading Divide Activities of Easy Measure Payment Schedules `;9;9 Bidding Documents for ConcessionTwo- stages x One-Stage Technical Evaluation Avoid Requiring Investment Plan Use Performance Indicators Concession Contract Investments Operation & Maintenance&|$|$Concession Contract0Service to provide Concession Area Rights Concessionaire Obligations Concessionaire Regulation Applicable Regulator s Power Penalties for non-complianceZ bTariff Regime Guarantees Duration Contract Termination; Renewal Dispute Resolution Applicable Law T  ` ̙33` ` ff3333f` 333MMM` f` f` 3>?" dd@,|?" dd@   " @ ` n?" dd@   @@``PR    @ ` ` p>> ~(    6X7 P 7 T Click to edit Master title style! !  07  7 RClick to edit Master text styles Second level Third level Fourth level Fifth level!     S  07 `` 7 X*  0|7 `  7 Z*4  0T/7 ` ` 7H@___PPT9"@ l*$" H  0޽h ? ̙33 $Blank Presentation 0(  l  C 7p 7 l  C p7 `   7 H  0޽h ? ̙33,   p l (    0    60`@` HConcessionaire  00@  BConstructs Plant  00 `  < Uses Plant  2  6 0P p` ; Insurance  2  60P  DEquipment Supplier2  60p   M Contractor&  2  60  H Banks&2  6|0 L Investors&  2  60P @ K Operator& 2  6p0   N Maintenance&  2  6 0  K Supplies& 2  0t0P L Consumers&  2  0|0 p` < Government  ^B  6D `^B  6D`@XB  0D0XB  0D` ``@ XB  0D @ XB  @ 0D 0 XB  0D 0 XB  @ 0D P XB  @ 0D 0 XB  @ 0D` @ XB  0D @H  0޽h ? ̙33 *[( 0 `0 b   6u0@ P TConcessionaire or Operator  0z00  BConstructs Plant  0{0   < Uses Plant  2  6n0P p` ; Insurance  2  6@0P  DEquipment Supplier2  60p   M Contractor&  2   6 00 H Banks&2   6&0@ L Investors&  2   6*0P @ K Operator& 2   60   N Maintenance&  2   60  K Supplies& 2  0D0P L Consumers&  2  000 p` < Government  2  0T0p  U Government Agency&XB @ 0D0p ^B  6D` P ^B  6D` pXB  0D ` XB   0D  XB ! 0D 0 XB "@ 0D XB # 0D @ XB $@ 0D PP XB %@ 0D 0 XB & 0DppXB ( 0DP0^B ) 6D)XB *@ 0DH  0޽h ? ̙33  ((  (l ( C 4k0P  0 l ( C k0 0 H ( 0޽h ? ̙33  ,(  ,l , C ȇ0P  0 l , C 0 0 H , 0޽h ? ̙33  0( X, 0l 0 C ,0P  0 l 0 C Q0 0 H 0 0޽h ? ̙33  4(  4l 4 C d0P  0 l 4 C [0 0 H 4 0޽h ? ̙33  8( p0 8l 8 C  ]0P  0 l 8 C P0 0 H 8 0޽h ? ̙33  @(  @l @ C  K0P  0 l @ C K0 0 H @ 0޽h ? ̙33   H(  Hl H C 0P  0 l H C P^0 0 H H 0޽h ? ̙33  0L(  Ll L C 0P  0 l L C 0 0 H L 0޽h ? ̙33^   h(  hr h S tD/P  / r h S E/  / r h S E/p  / H h 0޽h ? ̙33rL0 &, PI<)> @AC0EGiIIK? M2Oh+'0 px , L X d p|*Turn Key Contracts And BOOT Type Projectst World Bank UserCC:\Program Files\Microsoft Office\Templates\Blank Presentation.potMohebgr13eMicrosoft PowerPointoso@}@0O#@S) @$XGg  0  -- @ !--'@Times New Roman-. 02 +Public Private Partnership x###."Systemi-@Times New Roman-. 02 tInvestment and Constructionx/).-@Times New Roman-. !2 YArmando R. Araujo!   .-@Times New Roman-. 2 Cairo   2 2003.-a՜.+,0    On-screen ShowThe World Bank Groupr'Nm A Times New RomanBlank Presentation7Public Private Partnership Investment and ConstructionSlide 2Slide 3Country RisksProject RisksProject Risks (Cont)Project Risks (Cont)Turn-Key ContractsPre-QualificationBidding Document for Turn-Key!Bidding Documents for ConcessionConcession Contract  Fonts UsedDesign Template Slide Titles Root EntrydO): [;@Current User2SummaryInformation((PowerPoint Document('N  !"#$%&')*+,-./1234567B_Ntfriastfrias  !"#$%&')*+,-./12345679:;<=>?BRoot EntrydO)Current User8SummaryInformation((PowerPoint Document('NDocumentSummaryInformation80